Corona Times News Headlines March 19, 2023

Headlines March 19, 2023

Disclose.tv @disclosetv

NOW - Swiss government confirms Credit Suisse takeover by UBS and says, "the bankruptcy of a global systematically important bank would have caused irreparable economic turmoil."

• Credit Suisse's crisis: This is how a run of bad news took a 150-year-old institution known for Swiss stability to the brink

• Credit Suisse buyout offer shows bank nearly WORTHLESS... beyond a crisis

• SVB was just a failed financial front for WOKE CLIMATE CHANGE companies with business models rooted in failed Marxist ideas

• Midsize U.S. banks reportedly ask the FDIC to insure all deposits for two years

The Kobeissi Letter @KobeissiLetter

Many people are saying the “crisis is over” now that UBS is acquiring Credit Suisse. The crisis is not over just because one of the largest banks in the world is acquired at a 50%+ discount. There are still 186+ US banks facing the same issues as SVB. This week is crucial.

• Fed Panics, Announces "Coordinated" Daily US Dollar Swap Lines To Ease Banking Crisis

• They Are Ending The American Financial System Nearly 200 More US Banks On Verge Of Collapse

zerohedge @zerohedge

If the Fed does not contain the regional bank collapse, there will be another great depression. Small/medium banks account for 50% of US commercial and industrial lending, 60% of residential real estate lending, 80% of commercial real estate lending, and 45% of consumer lending